Published: 30 October 2007
Dwelling transactions remained lively in July to September
According to preliminary data, prices of dwellings rose during the third quarter of 2007. The prices of dwellings in old blocks of flats rose by an average of 0.7 per cent in the whole country, when compared with the previous quarter. Prices went up by 0.7 per cent in Greater Helsinki and by 0.8 per cent in the rest of Finland. These data derive from the statistics on the prices of dwellings compiled by Statistics Finland on the basis of the Tax Administration's data. Preliminary data comprise roughly two-thirds of the transactions in dwellings in old blocks of flats and in terraced housing.
In Helsinki the prices of dwellings in old blocks of flats rose by 0.2 per cent, in Espoo by 2.6 per cent and in Vantaa by 2.1 per cent from the previous quarter. In Turku prices went up by 1.0 per cent, in Lahti by 0.6 per cent, in Tampere by 0.4 per cent and in Oulu by 0.1 per cent. Prices fell in Jyväskylä by 1.0 per cent and in Kuopio by 0.6 per cent.
The prices of dwellings in old blocks of flats rose in the whole country by an average of 5.9 per cent from the year before. Prices went up by 6.9 per cent in Greater Helsinki and by 5.0 per cent in the rest of Finland.
The number of dwelling transactions grew by roughly 4 per cent from the corresponding quarter of the year before.
Real price index of dwellings in old blocks of flats by
quarter
I/1970-III/2007, 1970=100 (according to the Cost-of-living
index)
Unencumbered average selling prices of dwellings in old blocks of flats per square metre, index figures for the 3rd quarter 2007 and changes1,2 from the 2nd quarter 2007 and the 3rd quarter 2006. The data are preliminary.
Region |
Average
price e/m2 2007/3 |
Index2
point figure 2007/3 |
Change in index, % 2007/2-2007/3 |
Change in index, % 2006/3-2007/3 |
Number of transactions 2007/3 |
| Whole country | 1,990 | 149.4 | 0.7 | 5.9 | 8,748 |
| Greater Helsinki | 3,017 | 154.5 | 0.7 | 6.9 | 2,826 |
| Rest of country | 1,454 | 144.3 | 0.8 | 5.0 | 5,922 |
| Uusimaa | 2,820 | 153.7 | 0.6 | 6.8 | 3,386 |
| Itä-Uusimaa | 1,897 | 170.1 | 0.9 | 11.5 | 75 |
| Varsinais-Suomi | 1,562 | 157.6 | 1.3 | 7.4 | 480 |
| Satakunta | 1,106 | 135.3 | 1.6 | 3.2 | 299 |
| Kanta-Häme | 1,389 | 147.7 | 1.8 | 9.1 | 244 |
| Pirkanmaa | 1,757 | 148.5 | 0.5 | 4.9 | 1,056 |
| Päijät-Häme | 1,317 | 144.4 | 0.6 | 3.5 | 477 |
| Kymenlaakso | 1,105 | 141.7 | -1.4 | 3.5 | 371 |
| South Karelia | 1,359 | 135.4 | 3.1 | 3.2 | 212 |
| Etelä-Savo | 1,269 | 142.5 | -0.1 | 5.4 | 256 |
| Pohjois-Savo | 1,476 | 150.8 | 0.9 | 3.8 | 380 |
| North Karelia | 1,428 | 149.8 | -1.0 | 1.9 | 186 |
| Central Finland | 1,429 | 130.9 | -0.1 | 1.7 | 394 |
| South Ostrobothnia | 1,109 | 137.6 | 4.8 | 5.9 | 69 |
| Ostrobothnia | 1,336 | 131.9 | 1.5 | 5.8 | 217 |
| Central Ostrobothnia | 1,188 | 144.0 | -0.7 | 27.8 | 28 |
| North Ostrobothnia | 1,469 | 130.7 | 0.7 | 2.3 | 334 |
| Kainuu | 1,068 | 125.8 | 7.9 | 3.7 | 92 |
| Lapland | 1,112 | 127.3 | 0.5 | 2.7 | 192 |
| Helsinki 3 | 3,321 | 156.3 | 0.2 | 6.8 | 1,845 |
| Helsinki-1 | 4,604 | 162.0 | 1.0 | 7.4 | 281 |
| Helsinki-2 | 3,417 | 157.2 | -0.6 | 6.6 | 904 |
| Helsinki-3 | 2,571 | 151.4 | 0.1 | 7.1 | 300 |
| Helsinki-4 | 2,236 | 145.5 | 0.8 | 6.3 | 360 |
| Espoo-Kauniainen | 2,554 | 150.4 | 2.6 | 7.3 | 503 |
| Vantaa | 2,004 | 146.2 | 2.1 | 7.0 | 478 |
| Surrounding municipalities 4 | 1,670 | 145.1 | 0.4 | 5.5 | 452 |
| Porvoo | 2,165 | 173.4 | 1.1 | 6.7 | 68 |
| Tampere | 1,983 | 152.1 | 0.4 | 4.8 | 768 |
| Turku | 1,729 | 163.4 | 1.0 | 7.3 | 218 |
| Pori | 1,183 | 137.9 | 2.0 | 4.6 | 175 |
| Rauma | 1,189 | 139.5 | 4.1 | 3.7 | 103 |
| Lappeenranta | 1,545 | 138.8 | 0.7 | 2.3 | 152 |
| Kotka | 1,247 | 149.1 | -2.1 | 5.1 | 167 |
| Kouvola | 1,062 | 138.2 | 1.7 | 1.4 | 115 |
| Hämeenlinna | 1,665 | 153.5 | 1.5 | 8.7 | 135 |
| Kuopio | 1,729 | 152.7 | -0.6 | 1.2 | 271 |
| Jyväskylä | 1,683 | 133.0 | -1.0 | 1.9 | 278 |
| Vaasa | 1,465 | 133.7 | 0.3 | 6.5 | 163 |
| Seinäjoki | 1,284 | 141.5 | 5.9 | 8.5 | 46 |
| Kokkola | 1,232 | 149.5 | -0.8 | 30.2 | 26 |
| Mikkeli | 1,550 | 153.9 | 1.3 | 3.9 | 118 |
| Joensuu | 1,735 | 163.1 | 0.4 | 2.8 | 128 |
| Oulu | 1,553 | 131.1 | 0.1 | 0.2 | 276 |
| Kajaani | 1,122 | 128.9 | 3.3 | 0.3 | 80 |
| Rovaniemi | 1,319 | 130.2 | -1.1 | 3.7 | 109 |
1 The change per cent is calculated by
using the index point figure. The change can not be calculated
directly from the average price per square meter due to differences
in the structures of the data.
2 Nominal price index 2000=100
3 The division of Helsinki into regions
is based on the classification of postal area codes. Precise
division into regions is available on the Internet at www.tilastokeskus.fi/til/ashi/luo.html
4 Surrounding municipalities = Hyvinkää,
Järvenpää, Kerava, Kirkkonummi, Nurmijärvi, Riihimäki, Sipoo,
Tuusula and Vihti
.. = fewer than 20 completed transactions
Source: Price of dwellings 2007, 3rd quarter
Inquiries: Ms Paula Paavilainen +358 9 1734 3397, Mr Petri Kettunen +358 9 1734 3558, asuminen.tilasto@stat.fi
Director in charge: Mr Kari Molnar
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Last updated 30.10.2007
Official Statistics of Finland (OSF):
Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. 3rd quarter 2007. Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/ashi/2007/03/ashi_2007_03_2007-10-30_tie_001_en.html